Asked by Bianca Galvez-Azanon on Apr 28, 2024

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The ratio (proportion) of the sales volumes for the various products sold by a company is called the:

A) Current product mix.
B) Relevant mix.
C) Sales mix.
D) Inventory cost ratio.
E) Production ratio.

Sales Mix

The composition of a company’s product or service sales, showing the relative proportions of each product or service sold.

  • Calculate and interpret the sales mix and its effect on overall profitability.
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PB
Prince BensonMay 03, 2024
Final Answer :
C
Explanation :
The sales mix is specifically defined as the proportion or ratio of the sales volumes for different products sold by a company. The other options such as current product mix, relevant mix, inventory cost ratio, and production ratio are either not relevant or do not accurately describe the ratio of sales volumes for various products.